China A-shares opened higher but finished weaker, with late selling pushing all
three major indexes into the red. At the close the Shanghai Composite fell
0.50%, the Shenzhen Composite Index fell 0.87% and the ChiNext Index fell 0.45%
after erasing an early ~2% gain. Turnover across the two markets exceeded 2.5
trillion yuan and more than 4,000 stocks declined. CRO-related names
outperformed and power stocks jumped intraday; compute-power leasing and CPO
segments spiked then retreated. Base metals led sector losses across multiple
subsectors, while education stocks' declines widened into the close.